Month: December 2018

To this day, Warren Buffett remains the world’s most skilled investor. In fact, Buffett says that the key to becoming a great and successful business man is to read books… to be more specific, read 500 pages in a day! “Knowledge builds like compound interest”, which Buffet says how you can succeed in business. Did you know that Bill Gates read around 50 books in a year? He would try to finish a book in one week and then move onto the next. If these people read books in their…

Still dreaming about starting your own business? Well, what are you waiting for? You have got the idea, the confidence that it will definitely work and the knowledge to pull everything off, so what’s the hold up? Don’t tell us its finance? Never let money stop you from pursuing your dreams. According to Forbes, 8 out of 10 businesses fail, not because of money but because of the following five reasons: Approaching your target market without any knowledge of their likes and dislikes about your product Lack of unique selling…

“An investment in knowledge pays the best interest” But who exactly are the main investors in the knowledge sought from schools? Though private institutes normally charge tuition fees from their students, public schools don’t. Public schools, also widely known as state schools, offer both primary and secondary education to students free of charge, and are usually non-selective i.e. inclusive, in admitting students in the area they serve. How then are they funded and who ensures they keep functioning well? Since they are state-owned, the obvious answer quite rightly, is that…

The eighth wonder of the world, as it is often called by accountants, compound interest can help you increase your earnings if you grasp how it works. As for those who don’t, they’re likely to end up paying it instead and become worse-off. So what exactly is compound interest and how does it work? Read on to find out. Defining Compound Interest Firstly, we need to understand simple interest. It is the interest calculated solely on the original amount of money (called ‘principal’) deposited or loaned. For instance, $1,000 loaned…

Why is that we were never interested in books as kids but now that we have entered adulthood… the era of entrepreneurship to be more specific, we are invested in finding out whatever we can about this challenging move. Several start-ups and ten years ago, building your small business was not that hard. All you had to do was find a willing partner with the financial means, chuck in all your savings and you were good to go. Except only a few of these start-ups made it and the rest…

We have got a great investment idea for you that will allow you to have financial freedom. Are you ready? You should get an FHA loan to buy a multi-family house. Wait a minute… before you start throwing in statements that you have heard from your friends or read on the internet, we would like to tell you that a multi-family house presents you with long-term financial ease. Over the next 20 years or more, you can save enough money to do whatever you want and still reap the benefits…

After reading a few blogs on the internet on real estate investing, if you feel like you can step foot in this venture, then let us stop you right there! Just because you purchased or sold your first house on your own, doesn’t mean you are ready to take on this challenging job. The world of real estate investment is a wonderful place to start your journey to becoming a millionaire. Alright, we might have exaggerated this a little bit but you sure will earn a lot of money if…

Economies across the globe strive towards progress and economic development. This is also often the prime goal or focus of governments, both state and local. Government officials are always striving towards attracting firms and businesses to help them grow and flourish. In doing so, they often end up offering financial incentives to potential firms and businesses. One of these most commonly provided incentives include tax subsidies. What Is A Tax Subsidy? Before knowing how business tax subsidies work, it is imperative to understand what exactly a tax subsidy is. Simply…

The resources available on this earth, whether that is an individual’s time or money, or the wealth in a government’s treasury or even real estate, are all limited by their very nature. Making their best possible and most beneficial use is therefore, what everyone hopes to achieve. The reasons below explain why investing in Real Estate is the king of all options. Additional and Retirement Income Buying an apartment or other form of real estate and flipping it or and renting it out is a common yet great way to…

Buying a house is a lengthy process that requires much time and all your attention. The first 6 weeks, which is the minimum amount of time it takes for a sale to go through, you are constantly running back and forth between the lender and your real estate agent to make sure that all documents are in order. Before, it was quite difficult for people to qualify for a loan. Most of the people were concerned with the initial cost that is required outside the mortgage scope and is needed…

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To this day, Warren Buffett remains the world’s most skilled investor. In fact, Buffett says that the key to becoming a great and successful business man is to read books… to be more specific, read 500 pages in a day! “Knowledge builds like compound interest”, which Buffet says...